Reckitt Benckiser Group Plc Receives “Neutral” Rating from JPMorgan Chase & Co. (RB)
Shares of Reckitt Benckiser Group Plc (LON:RB) traded down 0.50% during mid-day trading on Thursday, hitting GBX 5005.00. 479,878 shares of the company’s stock traded hands. Reckitt Benckiser Group Plc has a one year low of GBX 4225.00 and a one year high of GBX 5280.00. The stock’s 50-day moving average is GBX 5110.24 and its 200-day moving average is GBX 4912.. The company’s market cap is £36.026 billion.
RB has been the subject of a number of other recent research reports. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Reckitt Benckiser Group Plc in a research note on Monday. They now have a GBX 5,200 ($89.03) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Reckitt Benckiser Group Plc in a research note on Wednesday, July 9th. They now have a GBX 6,000 ($102.72) price target on the stock. Finally, analysts at Nomura reiterated a “buy” rating on shares of Reckitt Benckiser Group Plc in a research note on Wednesday, July 9th. They now have a GBX 5,300 ($90.74) price target on the stock. Five analysts have rated the stock with a sell rating, thirteen have given a hold rating and nine have assigned a buy rating to the company. Reckitt Benckiser Group Plc currently has an average rating of “Hold” and an average target price of GBX 4,863.04 ($83.26).
Reckitt Benckiser Group Plc is manufacturer and marketer of branded products in household, health and personal care, selling a range through over 60 operating companies into nearly 200 countries.
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